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Why fuboTV Stock Was Up Big Today

TheMotleyFool

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Why fuboTV Stock Was Up Big Today: https://g.foolcdn.com/editorial/images/746345/two-people-watching-soccer-on-tv.jpg

fuboTV (NYSE: FUBO) saw its stock price surge higher on Friday, up 12% as of 2:25 p.m. ET. The stock is trading at around $2.60 per share, up about 51% year to date.

The markets were mixed on Friday as the S 500 was down 4 points (-0.1%), the Dow Jones Industrial Average gained 46 points (0.6%), and the Nasdaq Composite fell 47 points (-0.3%) as of 2:25 p.m. ET.

fuboTV, a TV streaming platform, got a lift today, along with competitors like Netflix, perhaps in reaction to some turmoil involving a cable provider and the owner of some networks.

Source Fool.com